Veeva Other Liab vs Cash And Short Term Investments Analysis
VEEV Stock | USD 203.86 0.08 0.04% |
Veeva Systems financial indicator trend analysis is much more than just breaking down Veeva Systems Class prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veeva Systems Class is a good investment. Please check the relationship between Veeva Systems Other Liab and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeva Systems Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Other Liab vs Cash And Short Term Investments
Other Liab vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veeva Systems Class Other Liab account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Veeva Systems' Other Liab and Cash And Short Term Investments is 0.92. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Veeva Systems Class, assuming nothing else is changed. The correlation between historical values of Veeva Systems' Other Liab and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Veeva Systems Class are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Liab i.e., Veeva Systems' Other Liab and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Liab
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Veeva Systems Class balance sheet. This account contains Veeva Systems investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Veeva Systems Class fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Veeva Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veeva Systems Class current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeva Systems Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. At this time, Veeva Systems' Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 113.51 in 2024, whereas Tax Provision is likely to drop slightly above 34.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 1.5B | 1.7B | 1.8B | Total Revenue | 1.9B | 2.2B | 2.4B | 2.5B |
Veeva Systems fundamental ratios Correlations
Click cells to compare fundamentals
Veeva Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Veeva Systems fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 158.3M | 160.7M | 162.3M | 162.4M | 163.5M | 155.5M | |
Total Assets | 2.3B | 3.0B | 3.8B | 4.8B | 5.9B | 6.2B | |
Other Current Liab | 52.9M | 64.0M | 77.7M | 84.5M | 88.3M | 92.7M | |
Total Current Liabilities | 551.2M | 716.0M | 840.8M | 1.0B | 1.2B | 1.2B | |
Total Stockholder Equity | 1.7B | 2.3B | 2.9B | 3.7B | 4.6B | 4.9B | |
Other Liab | 10.2M | 12.4M | 20.4M | 31.6M | 36.3M | 38.1M | |
Property Plant And Equipment Net | 103.9M | 110.6M | 104.1M | 105.2M | 104.1M | 64.8M | |
Current Deferred Revenue | 468.9M | 617.0M | 731.7M | 869.3M | 1.0B | 1.1B | |
Net Debt | (421.9M) | (667.4M) | (1.1B) | (825.5M) | (647.7M) | (680.1M) | |
Retained Earnings | 919.7M | 1.3B | 1.7B | 2.2B | 2.7B | 2.9B | |
Accounts Payable | 19.4M | 23.3M | 20.3M | 41.7M | 31.5M | 33.1M | |
Cash | 476.7M | 730.5M | 1.1B | 886.5M | 703.5M | 473.6M | |
Non Current Assets Total | 740.7M | 735.2M | 709.3M | 835.0M | 907.7M | 953.1M | |
Non Currrent Assets Other | 16.2M | 17.9M | 55.0M | 67.6M | 64.0M | 67.2M | |
Other Assets | 63.6M | 74.1M | 63.3M | 207.5M | 1.0 | 0.95 | |
Cash And Short Term Investments | 1.1B | 1.7B | 2.4B | 3.1B | 4.0B | 4.2B | |
Net Receivables | 422.5M | 611.6M | 694.4M | 785.2M | 888.5M | 933.0M | |
Liabilities And Stockholders Equity | 2.3B | 3.0B | 3.8B | 4.8B | 5.9B | 6.2B | |
Non Current Liabilities Total | 55.0M | 63.8M | 64.0M | 81.2M | 87.2M | 91.6M | |
Other Current Assets | 21.9M | 35.6M | 36.7M | 81.5M | 86.9M | 91.3M | |
Other Stockholder Equity | 745.5M | 965.7M | 1.2B | 1.5B | 1.9B | 2.0B | |
Total Liab | 606.2M | 779.7M | 904.8M | 1.1B | 1.3B | 1.3B | |
Property Plant And Equipment Gross | 103.9M | 110.6M | 104.1M | 105.2M | 140.9M | 147.9M | |
Total Current Assets | 1.5B | 2.3B | 3.1B | 4.0B | 5.0B | 5.3B | |
Accumulated Other Comprehensive Income | 460K | 992K | (12.0M) | (31.1M) | (10.6M) | (10.1M) | |
Short Term Debt | 10.0M | 11.7M | 11.0M | 11.3M | 9.3M | 7.7M | |
Intangible Assets | 134.6M | 114.6M | 101.9M | 82.5M | 63.0M | 55.5M | |
Property Plant Equipment | 54.8M | 110.6M | 104.1M | 105.2M | 120.9M | 127.0M | |
Short Term Investments | 610.0M | 933.1M | 1.2B | 2.2B | 3.3B | 3.5B | |
Net Tangible Assets | 1.1B | 1.7B | 2.4B | 3.2B | 3.7B | 3.9B | |
Retained Earnings Total Equity | 354.9M | 619.2M | 919.7M | 1.3B | 1.5B | 1.6B | |
Capital Surpluse | 515.3M | 617.6M | 745.5M | 965.7M | 1.1B | 576.9M | |
Deferred Long Term Liab | 2.4M | 42.1M | 33.1M | 31.8M | 36.6M | 21.5M | |
Non Current Liabilities Other | 52.6M | 10.6M | 18.2M | 30.1M | 38.7M | 40.7M | |
Deferred Long Term Asset Charges | 3.5M | 36.8M | 35.6M | 42.1M | 48.4M | 26.4M | |
Net Invested Capital | 1.7B | 2.3B | 2.9B | 3.7B | 4.6B | 2.7B | |
Net Working Capital | 980.0M | 1.6B | 2.3B | 3.0B | 3.8B | 2.1B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Veeva Systems Class is a strong investment it is important to analyze Veeva Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Veeva Systems' future performance. For an informed investment choice regarding Veeva Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeva Systems Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Veeva Systems Class information on this page should be used as a complementary analysis to other Veeva Systems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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Is Veeva Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veeva Systems. If investors know Veeva will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veeva Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.23) | Earnings Share 3.22 | Revenue Per Share 14.724 | Quarterly Revenue Growth 0.119 | Return On Assets 0.0501 |
The market value of Veeva Systems Class is measured differently than its book value, which is the value of Veeva that is recorded on the company's balance sheet. Investors also form their own opinion of Veeva Systems' value that differs from its market value or its book value, called intrinsic value, which is Veeva Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veeva Systems' market value can be influenced by many factors that don't directly affect Veeva Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veeva Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Veeva Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veeva Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.